NOT LISTED FOR SALE

21 Ocean Dr Unit 309 Rehoboth Beach, DE 19971

Estimated Value: $884,000 - $1,532,000

2 Beds
2 Baths
1,150 Sq Ft
$1,050/mo HOA Fee

Last Sold May 22, 2024

Last sale price $1,450,000 $1,261 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $7,844/month

3 Days on Market

Highlights

  • Marina
  • Ocean View
  • Home fronts navigable water
  • Rehoboth Elementary School Rated A
  • Boat Ramp
  • Canoe or Kayak Water Access

About This Home

As of May 2024

Welcome to your oceanfront oasis in the private beach oasis of North Shores! This stunning 2-bedroom, 2-bathroom, 2-story condo offers the epitome of coastal living with breathtaking panoramic views of the ocean and the community's private beach. As you step inside, you'll be greeted by a spacious living room adorned with a cozy fireplace and flooded with natural light from the expansive balcony overlooking the ocean. The seamless flow of the first floor leads to a comfortable dining area, perfect for entertaining! The gourmet kitchen boasts white cabinets, exquisite granite countertops, and new appliances, making hosting a breeze. A European style washer/dryer tucked away in the pantry adds convenience to your daily routine. Ascending to the second floor, you'll find the owner's suite and guest bedroom with ocean-front views, providing a serene retreat after a day of seaside adventures. Both bathrooms are tastefully updated with elegant finishes. The guest bath features a single sink with a granite countertop and plenty of storage, as well as a stand-up tub adorned with sleek black finishes. The owner's en-suite features double sinks, granite countertops, and a walk-in shower adorned with luxurious gold finishes. This condo is part of the prestigious North Shores community, offering resort-style amenities including a private beach with chair and umbrella rental, a large pool and poolhouse, playground, tennis courts, and a marina with boat slips and kayak launch. Sold fully furnished and turnkey, with minor exclusions, this unit includes two coveted deeded bike slips and private parking, ensuring convenience and comfort for all your beachside pursuits. Lovingly updated and meticulously maintained, this ocean-front retreat offers the perfect blend of luxury, tranquility, and coastal charm. This condo can become a rental machine although the owners chose to keep it as their family retreat. Call for rental estimates. Don't miss your opportunity to own a piece of paradise!

Last Agent to Sell the Property

Brian Barrows

(302) 228-0204 brian@barrowsandassoc.com Monument Sotheby's International Realty License #RA-0020621 Listed on: 05/02/2024

Monument Sotheby's International Realty

Co-Listed By

Jennifer Barrows

(302) 841-9505 jenn.barrows@oasir.net Monument Sotheby's International Realty

Last Buyer's Agent

Michael Rodriguez

(302) 236-7649 mrod@jacklingo.com Jack Lingo - Rehoboth License #RS-0017904

Jack Lingo - Rehoboth

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1974 | Remodeled in 2021

Lot Details

  • 1,699

HOA Fees

Home Design

  • Split Level Home
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Block Foundation
  • Stone Siding
  • Masonry

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Furnished
  • Electric Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Great Room
  • Dining Room
  • Ocean Views

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer
  • Washer

Parking

  • 1 Off-Street Space
  • Parking Space Conveys
  • Assigned Parking

Outdoor Features

  • Canoe or Kayak Water Access
  • Private Water Access
  • Property is near an ocean
  • Lake Privileges
  • Balcony

Schools

  • Rehoboth Elementary School
  • Beacon Middle School
  • Cape Henlopen High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Home fronts navigable water

Listing and Financial Details

  • Assessor Parcel Number 334-08.17-30.00-309

Community Details

Overview

  • High-Rise Condominium
  • 21 Ocean Drive Community
  • North Shores Subdivision
  • Property Manager

Recreation

  • Boat Ramp
  • Marina
  • Beach
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Community Storage Space
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,685

Year Built

Built in 1974 | Remodeled in 2021

Lot Details

0

HOA Fees

$1,050 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Split Level
  • Sussex De Quadrants: East of Rt 1
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Exclusions: A Few possible minor exceptions and personal items
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-05-03
  • Federal Flood Zone: No
  • Year Built: 1974
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your oceanfront oasis in the private beach oasis of North Shores! This stunning 2-bedroom, 2-bathroom, 2-story condo offers the epitome of coastal living with breathtaking panoramic views of the ocean and the community's private beach. As you step inside, you'll be greeted by a spacious living room adorned with a cozy fireplace and flooded with natural light from the expansive balcony overlooking the ocean. The seamless flow of the first floor leads to a comfortable dining area, perfect for entertaining! The gourmet kitchen boasts white cabinets, exquisite granite countertops, and new appliances, making hosting a breeze. A European style washer/dryer tucked away in the pantry adds convenience to your daily routine. Ascending to the second floor, you'll find the owner's suite and guest bedroom with ocean-front views, providing a serene retreat after a day of seaside adventures. Both bathrooms are tastefully updated with elegant finishes. The guest bath features a single sink with a granite countertop and plenty of storage, as well as a stand-up tub adorned with sleek black finishes. The owner's en-suite features double sinks, granite countertops, and a walk-in shower adorned with luxurious gold finishes. This condo is part of the prestigious North Shores community, offering resort-style amenities including a private beach with chair and umbrella rental, a large pool and poolhouse, playground, tennis courts, and a marina with boat slips and kayak launch. Sold fully furnished and turnkey, with minor exclusions, this unit includes two coveted deeded bike slips and private parking, ensuring convenience and comfort for all your beachside pursuits. Lovingly updated and meticulously maintained, this ocean-front retreat offers the perfect blend of luxury, tranquility, and coastal charm. This condo can become a rental machine although the owners chose to keep it as their family retreat. Call for rental estimates. Don't miss your opportunity to own a piece of paradise!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Oven - Double, Washer, Dryer - Electric, Refrigerator
  • Entry Floor: 3
  • Flooring Type: Carpet, Tile/Brick
  • Interior Amenities: Dining Area, Kitchen - Gourmet, Floor Plan - Open, Window Treatments
  • Window Features: Insulated, Screens
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Kitchen, Great Room, Laundry, Bathroom 2, Primary Bathroom, Additional Bedroom
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 1304.35
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 21

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Masonry, Concrete, Stone
  • Roof: Flat
  • View: Ocean
  • Water Access Features: Canoe/Kayak, Private Access
  • Water Access: Yes
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • HOA Fees: 3000.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2400.00
  • Condo Co-Op Fee Frequency: Quarterly
  • HOA Condo Co-Op Amenities: Beach, Boat Ramp, Cable, Elevator, Marina/Marina Club, Tennis Courts, Tot Lots/Playground, Swimming Pool, Security, Extra Storage, Water/Lake Privileges, Storage Bin, Reserved/Assigned Parking, Jog/Walk Path
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: CAPE HENLOPEN
  • Elementary School: REHOBOTH
  • Middle School: BEACON
  • High School: CAPE HENLOPEN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200396895
  • School District Source: Listing Agent
  • Elementary School: REHOBOTH
  • High School: CAPE HENLOPEN
  • Middle Or Junior School: BEACON

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: X
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 334-08.17-30.00-309
  • County Tax Payment Frequency: Annually
  • Close Date: 05/22/2024

MLS Schools

  • School District Name: CAPE HENLOPEN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
May 22, 2024
Sold by
Hammerman Samuel I and Hammerman Renea L
Bought by
Mhg Irrevocable Trust and Gardiner
Seller's Agent
Brian Barrows
Monument Sotheby's International Realty
Buyer's Agent
Michael Rodriguez
Jack Lingo - Rehoboth
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
64
Current Estimated Value
$1,223,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$226,333
Avg. Annual Appreciation
0.03%

Purchase Details

Listed on
Mar 4, 2015
Closed on
Oct 3, 2016
Sold by
Appler Frances and Rogers Steven
Bought by
Hammerman Renea L and Hammerman Samuel J
Seller's Agent
Cynthia Daniel
Jack Lingo - Rehoboth
Buyer's Agent
Joseph Maggio
Dave McCarthy & Associates, Inc.
List Price
$784,000
Sold Price
$779,000
Premium/Discount to List
-$5,000
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mhg Irrevocable Trust $1,450,000 None Listed On Document
Hammerman Renea L $779,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $1,450,000 -3.3% $1,261 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $1,500,000 +92.6% $1,304 / Sq Ft
10/13/2016 10/13/16 Sold $779,000 -0.6% $677 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
03/04/2015 03/04/15 For Sale $784,000 -- $682 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,685 $29,900 $0 $29,900
2024 $1,565 $29,900 $0 $29,900
2023 $1,564 $29,900 $0 $29,900
2022 $1,509 $29,900 $0 $29,900
2021 $1,495 $29,900 $0 $29,900
2020 $1,491 $29,900 $0 $29,900
2019 $1,493 $29,900 $0 $29,900
2018 $1,394 $31,750 $0 $0
2017 $1,335 $31,750 $0 $0
2016 $1,268 $31,750 $0 $0
2015 $1,212 $31,750 $0 $0
2014 $1,091 $31,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2061506

Bright MLS

APN: 334-08.17-30.00-309